SPR Property Prices Double in 5 Years, Gurugram’s Next Growth Engine Emerges
Real Estate

SPR Property Prices Double in 5 Years, Gurugram’s Next Growth Engine Emerges

"Property prices along Southern Peripheral Road (SPR), Gurugram, have surged by 125 per cent in five years, positioning the area as a potential successor to the city’s Cyber City. Rates have risen from Rs 7,690 per sq ft in 2020 to Rs 17,300 by mid-2024, according to PropEquity.

This real estate boom is being driven by robust infrastructure, commercial development, and upcoming projects. The Haryana Government’s Rs 2,000 crore allocation in the 2025–26 Budget aims to further enhance SPR’s connectivity and civic amenities. Complementing this is GMDA’s Rs 8.25 crore upgrade of the Vatika Chowk–NH-48 stretch, which includes a footpath and cycle track project covering sectors 58 to 67.

SPR is now home to major corporate offices, including American Express, Air India’s training center, and 18 commercial developments, such as Skyview Corporate Park and Bestech Business Tower. Employment in the area has crossed 82,000. New launches on SPR grew by 584 per cent between 2020 and 2024, with housing supply increasing from 1,602 to 10,962 units.

Developers like DLF and Signature Global are betting big on the region, with upcoming landmarks such as the DLF Mall of India set to boost retail and business prospects. Signature Global’s Chairman, Pradeep Aggarwal, and Krisumi Corporation’s Chairman, Ashok Kapur, both underline SPR’s strategic location and rising appeal for investors and end-users.

With proximity to key nodes—20 minutes to Sohna Road, 14 minutes to Golf Course Extension, and 16 minutes to New Gurugram—SPR offers strong connectivity. Its social infrastructure includes reputed schools, hospitals, and premium hotels, strengthening its profile as an integrated urban hub.
Recommended projects in the region include DLF Privana West, Signature Global Titanium SPR, and Eldeco Fairway Reserve.
"

Property prices along Southern Peripheral Road (SPR), Gurugram, have surged by 125 per cent in five years, positioning the area as a potential successor to the city’s Cyber City. Rates have risen from Rs 7,690 per sq ft in 2020 to Rs 17,300 by mid-2024, according to PropEquity.This real estate boom is being driven by robust infrastructure, commercial development, and upcoming projects. The Haryana Government’s Rs 2,000 crore allocation in the 2025–26 Budget aims to further enhance SPR’s connectivity and civic amenities. Complementing this is GMDA’s Rs 8.25 crore upgrade of the Vatika Chowk–NH-48 stretch, which includes a footpath and cycle track project covering sectors 58 to 67.SPR is now home to major corporate offices, including American Express, Air India’s training center, and 18 commercial developments, such as Skyview Corporate Park and Bestech Business Tower. Employment in the area has crossed 82,000. New launches on SPR grew by 584 per cent between 2020 and 2024, with housing supply increasing from 1,602 to 10,962 units.Developers like DLF and Signature Global are betting big on the region, with upcoming landmarks such as the DLF Mall of India set to boost retail and business prospects. Signature Global’s Chairman, Pradeep Aggarwal, and Krisumi Corporation’s Chairman, Ashok Kapur, both underline SPR’s strategic location and rising appeal for investors and end-users.With proximity to key nodes—20 minutes to Sohna Road, 14 minutes to Golf Course Extension, and 16 minutes to New Gurugram—SPR offers strong connectivity. Its social infrastructure includes reputed schools, hospitals, and premium hotels, strengthening its profile as an integrated urban hub.Recommended projects in the region include DLF Privana West, Signature Global Titanium SPR, and Eldeco Fairway Reserve.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code